Working women are getting the cheapest home loan here, know how much interest rates are there

• Union Bank of India cuts home loan rates for working women
• Now, women will get cheaper home loan than men, 6.7 percent will be interest rate

new Delhi. Due to corona virus, there has been a continuous reduction in home loan interest rates. Especially home loan interest rates in government banks (Home Loan Interest Rates in Government Banks) have come down below 7 percent. Union Bank of India has also joined this list. The special thing is that the Union Bank has given the highest relief in the home loan interest rate of working women (UBI Home Loan Interest Rate). The bank is giving home loans to women at the lowest level ever. The interest rates for women from the bank (UBI Home Loan Interest Rate for Working Women) have come down to 6.7 percent. The condition is that the woman’s CIBIL score should be 700 or more. Let us also tell you what rates are finalized by Union Bank.

Big relief to the employed women in home loan interest rates
According to Union Bank, home loan women are being given home loans at lower interest rates than men. A working woman with a CIBIL score of 700 in UBI is getting a home loan at an interest rate of 6.70 per cent. At the same time, the working men are being given home loans at the rate of 6.75 percent. At the same time, non salaried people are getting home loans at 6.90% interest.

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This is something that the bank slab
– salaried woman will have to pay only 6.7% interest on a home loan up to Rs 30 lakh.
– For home loans ranging from Rs 30 lakh to Rs 75 lakh, the interest rate will be 6.95 percent.
– The bank has raised the initial interest rate to 7% on home loans above Rs 75 lakh.

LIC also did
not only UBI below 7 per cent, but also by LICHFL, there has been a continuous reduction in home loan interest rates. In a few days, the company has reduced its interest rates to 6.90 percent. On the other hand, the interest rate of home loan from State Bank of India is 6.95 percent.

And
if interest rates are known, according to experts, in the coming times, banks and NBFC companies are going to fight war on interest rates. Due to which, the interest rates of home loans may fall further. In fact, companies are providing home loans at a higher rate of interest, their customers are rushing to other banks, where they are getting loans at a lower rate of interest. Home loan interest rates in PSBs have come down for the last two decades.

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